SECU What Next? 2025 SECU Board Election Policies and Procedures...

Ms. Katrina Ray, N.C. Administrator of Credit Unions

re: 2025 SECU Board Election Policies and Procedures

June 9, 2025

Dear Ms. Ray,

As you are aware, during the last three years there has been continuing controversy over the SECU Annual Meeting and the nomination/selection procedures for SECU Directors. The various discussions resulted in contested SECU board elections in 2023 and 2024, including the replacement of several incumbent board members. A contested election was again anticipated in 2025.

It has been brought to my attention that the "SECU Election Policies and Procedures" [link] have been modified in 2025 without proper notice, which has precluded independent candidates from submitting the required self-nomination packages in a timely manner.

The failure of proper notification is self-affirmed from the SECU 2025 notice itself [link] :

A).  "3. Change in Election Procedure. In any year for which the Board modifies its election procedures, proper notice will be provided to all members at least 180 days prior to the annual meeting."

B). [165 days]

We would like to meet with you to discuss the best way to quickly remedy this failure without interrupting the annual meeting schedule, so that independent candidates can be rightfully considered. We would encourage you to include representatives from SECU in the meeting to help assure a quick, fair resolution.

Look forward to hearing from you as soon as possible. Time is of the essence and any delay may result in unnecessary disruption and costs.

Look forward to meeting with you this week if possible.

Thank you

Sincerely,

Jim Blaine

SECU member

cc cathy.plaut@ncsecu.org

 

SECU What Next? Prohibiting SECU Members From Spreaking..

    Don't worry, be happy! 

"If you'll just shut up, this slavery thing will all blow over." (US Congress, 1836)

😎 Several commenters ask:  "What's the problem with the SECU Board prohibiting members from speaking?

✷ Anonymous June 8, 2025 at 10:34AM : So how is the business at risk when members aren’t allowed to speak at the annual meeting? 

✷ Anonymous June 8, 2025 at 11:35 AM:  It’s not at risk in anyway whatsoever. That was just another hyperbolic, unsupported statement that lobbed out there. This repeated question would be answered if it weren’t. 

 

✅  Would it bother you if you weren't allowed to speak at your local government meetings? At your local Board of Education meetings? At town hall meetings of your state and federal representatives? At convocations of your church?

😎 What exactly is the risk to SECU of continuing the core democratic principle of free speech at the credit union? 

 

Kinda makes you want to gag doesn't it!

 

"Why does the SECU Board fear the members?"